Have you compared the 12/31/11 balance sheet with the 6/30/2009 balance sheet? Have you looked at depreciation schedules, especially for the software that was purchased on 9/30/2007? Have you looked at the basis for claiming Goodwill as an asset?
... that's the ticket.
Ah yes, the "Pathologic Liar" -- one of my favorite SNL characters. Funny you should quote him as I have long thought of Val Westergard as a perfect comtemporary embodiment.
Val also reminds me of the Land Shark, trying all sorts of new ruses to get people to invest even knowing about all of the past false claims.
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